ALPHA TRIBE

Gujarat Terce Laboratories LtdOthers, 28-07-2025: Others

28-07-2025 | 01:44 pm

Gujarat Terce will hold its 40th Annual General Meeting on August 21, 2025, via video conference. For FY25, revenue increased to **₹50.19 Cr** from **₹47.97 Cr**. Despite operational improvements and higher EBITDA, the company reported a net loss of **₹0.98 Cr**, primarily due to a **₹3.42 Cr** provision to settle long-pending tax disputes under a government scheme, clearing legacy issues. Strategically, Gujarat Terce plans to sell its manufacturing facility, which needed significant upgrades, and shift production to WHO-certified contract manufacturers. This enables a focus on brand building, market expansion, launching new products, and exploring export opportunities.

No comments yet. Be the first to comment!

All announcements from Gujarat Terce Laboratories Ltd